Surveying the market amidst potential Bank of America cuts

September 12, 2011

Last week, President Obama last week pitched his plan to put the country back to work. But not everyone should expect a break from the unemployment lines: Bank of America was said to be considering a cut of about 40,000 jobs. The company also looked a little peaked in the market – which of late, proved an unkind place for many firms. Particularly to companies that toyed with going public – the IPO stream turned to a trickle. David Greising, an editor with the Chicago News Cooperative, joined Eight Forty-Eight to talk about banks and other business news.

Music Button: Memory Tapes, "Today Is Our Life," from the release Player Piano (Carpark Records)